Macri seeks boost from young voters with employer tax cut incentive

Argentine President Mauricio Macri announced a tax incentive proposal aimed at b...

BUENOS AIRES - Argentine President Mauricio Macri announced a tax incentive proposal aimed at boosting employment among young people on Monday, in a bid to gain ground with a voter demographic that contributed to his poor showing in an August primary.

Employers would receive a 75% tax cut in the second year as part of the incentive to hire young people. The proposal by Macri, whose voters are typically over the age of 50, signals an attempt to target an important voting bloc just 20 days before an election he is widely expected to lose.

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